BSECompany Update3d ago · 2 Nov 2026, 08:39 pm

The Belrise Industries Limited ("Company") has informed to the exchange that the Company has entered into the License and Technical Assistance Agreement with Yamato Co., Ltd. Japan.

Belrise Industries Ltd · 544405

✦ AI SummaryJoint Venture

Belrise Industries Ltd has entered into a License and Technical Assistance Agreement with Yamato Co., Ltd. Japan to grant license and render technical assistance for design, development, testing, and manufacturing support for air filters, oil filters, and resin air intake manifold products for Indian Automotive and Industrial OEMs.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10

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Full Announcement

Belrise Industries Ltd - 544405 - Announcement Under Regulation 30 Of The SEBI Listing Regulations, 2015 Read With Part A, Para B Of Schedule III.

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Date: November 02, 2026 The Secretary, Listing The Secretary, Listing Department Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Dalal Street, Kurla Complex, Bandra Kurla (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 544405 Symbol: BELRISE ISIN: INE894V01022 ISIN: INE894V01022 Sub: Entering into License and Technical Assistance Agreement Ref: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, This is to inform you pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A, Para B of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has entered into the License and Technical Assistance agreement (“Agreement”) with Yamato Co., Ltd. Japan to grant license and render technical assistance to the company on design, development, testing and manufacturing support for the Products, including air filters, oil filters and resin air intake manifold products, for Indian Automotive and Industrial OEMs. Please find herewith the disclosure containing details as required under SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, annexed herewith as ‘Annexure A’. This intimation will also be hosted on the Company’s website under the tab ‘Investor Relations’ at https://belriseindustries.com You are requested to take the above on record. Thanking you, Yours faithfully, For Belrise Industries Limited Siddhesh Mandke Company Secretary and Compliance Officer Membership No. A20101 Encl: as above Annexure A Disclosure Under Part A, Para B of Schedule III read with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Sl. Particulars Description 1. Name of the entity(ies) with whom YAMATO CO., LTD., (“YAMATO”) a Company agreement is signed; incorporated under the laws of Japan, having its office at 2285-1, ONO, Hamana-ward, Hamamatsu-city, Shizuoka-Pref, 4340002, Japan. 2. Area of agreement / JV; License and Technical Assistance Agreement (“Agreement”) 3. Domestic/international; Domestic 4. Share exchange ratio / JV ratio; Not Applicable 5. Scope of business operation of agreement/ YAMATO grants to Belrise Industries Limited (“BIL”) JV; a license to manufacture and sell the Products throughout the Territory (Republic of India) by using the Know-How (“License”) and in compliance with such conditions and for such duration as mentioned in the Agreement. YAMATO shall support on design, development, testing and manufacturing support for the Products, including air filters, oil filters and resin air intake manifold products, for Indian Automotive and Industrial OEMs and as more specifically described in the Agreement. 6. Details of consideration paid/received in The consideration payable by BIL to YAMATO shall be agreement/ JV; in the form of Royalty and Technical Assistance Fee as described in the Agreement. 7. Significant terms and conditions of Same as 5 and 6 above. agreement/ JV in brief; 8. Whether the acquisition would fall within Not Applicable. related party transactions and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; ix. size of the entity(ies); 9. Size of the entity(ies); Belrise Industries Ltd is an automotive component manufacturing company offering a diverse range of safety critical systems and other engineering solutions for two-wheelers and three-wheelers having a standalone turnover of approximately Rs. 7500 Crores. YAMATO is a Japan based company engaged in the business of manufacturing filtration products and providing technical and business support primarily in relation to air & oil filtration products used in the automotive industry and other non-automotive sectors, and possesses know-how for converting intake manifolds from metal to resin. YAMATO has a turnover of approximately Rs. 100 Crores. 10. Rationale and benefit expected. To get a license and technical assistance from YAMATO to manufacture and sell such specific automobile components in the Republic of India.